Convert Mozambican Metical to Georgian Lari
Please provide values below to convert Mozambican Metical [MZN] to Georgian Lari [GEL], or Convert Georgian Lari to Mozambican Metical.
How to Convert Mozambican Metical to Georgian Lari
1 MZN = 23.4820624492508 GEL
Example: convert 15 MZN to GEL:
15 MZN = 15 × 23.4820624492508 GEL = 352.230936738761 GEL
Mozambican Metical to Georgian Lari Conversion Table
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Mozambican Metical
The Mozambican Metical (MZN) is the official currency of Mozambique, used for all monetary transactions within the country.
History/Origin
The Metical was introduced in 1980, replacing the Mozambique Escudo, to stabilize the economy and modernize the monetary system. It has undergone several redenominations and reforms since its inception.
Current Use
The Metical is actively used as Mozambique's primary currency for everyday transactions, banking, and trade. It is issued and regulated by the Bank of Mozambique.
Georgian Lari
The Georgian Lari (GEL) is the official currency of Georgia, used for everyday transactions and monetary exchanges within the country.
History/Origin
The Georgian Lari was introduced in 1995, replacing the Georgian coupon as the country's official currency, to stabilize the economy and establish a national monetary system.
Current Use
The GEL is actively used in Georgia for all forms of financial transactions, including cash, banking, and electronic payments, and is managed by the National Bank of Georgia.